This is according to chief executive officer of the Association of International Property Professionals professor Mark Sharp, who stated interest rates are remaining low, while house values are "not rising as far as they were".

City centres and urban locations are particularly buoyant at the moment, he continued.

Central business districts "always attract both investment and clients to live in suburbs", the expert noted.

Professor Sharp pointed out there is a "constant ebb and flow" of people arriving and leaving the nation's shores.

Further attractions to the nation include the warm weather that is typical down under, while each area of the country has a unique set of features that appeal to different types of people, he declared.

A Place in the Sun Magazine editor Liz Rowlison recently recommended that expatriates begin renting Australian accommodation before they make a purchase.

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